New Shein Executive Aims to Expand Supply Chain Outside China
The appointment of Marcelo Claure, a former SoftBank executive, comes as the fast-fashion retail giant aims to be closer to...
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SoftBank’s Son Says Artificial General Intelligence Will Soon Surpass Humans
“Take advantage of it or be left behind,” the CEO said at the investment company’s annual SoftBank World event. Source...
CEO of Naspers and Prosus Steps Down
South Africa’s most valuable listed company appoints former SoftBank executive as its interim chief. Source link
SoftBank Chip Unit Arm Files for an IPO Likely to Be 2023’s Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
SoftBank’s Masayoshi Son Had His Cry. Now He’s in Love Again—With ChatGPT.
The CEO said he is devoting himself to artificial intelligence and new inventions after what he described as a tear-filled...
WSJ News Exclusive | Financier Rajeev Misra Is All Over WeWork Deal
The financier, who retains a role at SoftBank, recently agreed through his new fund to provide the office landlord nearly...
SoftBank Says Goodbye to Alibaba, Hello to More AI Investments
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SoftBank Posts Profit of More Than $21 Billion After Selling Alibaba Shares
TechShare sale more than offsets losses at SoftBank’s Vision Funds Source link
SoftBank to Reduce Alibaba Stake, Expects $34 Billion in Gains
Masayoshi Son is scaling back one of the greatest bets in tech history.The technology investor’s SoftBank Group Corp. said it...
SoftBank Reports Record $23 Billion Quarterly Loss as Tech Downturn Hits
TOKYO—Japanese technology investor SoftBank 9984 0.74% Group Corp. on Monday reported a record quarterly loss of more than $23 billion...
WSJ News Exclusive | Jack Ma Plans to Cede Control of Ant Group
HONG KONG—Billionaire Jack Ma plans to relinquish control of Ant Group Co., people familiar with the matter said, part of...
WSJ News Exclusive | Mental-Health Startup Cerebral Investigated by FTC
The Federal Trade Commission has begun an investigation into mental-health startup Cerebral Inc., according to a letter the FTC sent...
SoftBank COO Marcelo Claure to Leave as Stock Hits a Rough Patch
SoftBank Group Corp. 9984 2.20% said Chief Operating Officer Marcelo Claure, who helped clean up problems at the firm’s investments...
SoftBank Suffers $54 Billion Bruise From China’s Tech Crackdown
TOKYO— SoftBank Group Corp. took a more than $50 billion beating from Beijing’s tech crackdown, but its leader said he...
The We That Didn’t Work at WeWork
Adam Neumann and Masayoshi Son were negotiating a possible $20 billion check when Mr. Son pulled up an image of...
Didi Tried Balancing Pressure From China and Investors. It Satisfied Neither.
In the final days before Didi Global Inc. went public late last month on the New York Stock Exchange, a...
China Widens Data-Security Probe of U.S.-Listed Tech Companies
A unit of China’s cybersecurity regulator launched data-security reviews of apps operated by two U.S.-listed Chinese companies, days after announcing...
Former WeWork Chief’s Gargantuan Exit Package Gets New Sweetener
Nearly two years ago, SoftBank Group Corp. 9984 -2.20% sought to part ways with WeWork co-founder Adam Neumann when it...
SoftBank Reports Highest-Ever Annual Profit For a Japanese Company
TOKYO— SoftBank Group Corp. 9984 -3.45% smashed profit records in its home country, riding a series of blockbuster initial public...
Mexico’s Televisa to Merge Content Business With Univision
MEXICO CITY—Mexican broadcast and media giant Grupo Televisa SA B agreed to combine its television content business with Univision Communications...
